Digital Art Day Auction
Digital Art Day Auction
Property from an Iconic Digital Art Collection
Fidenza #526
Accepts Crypto
Lot Closed
December 17, 07:07 PM GMT
Estimate
300,000 - 500,000 USD
Lot Details
Description
Property from an Iconic Digital Art Collection
Tyler Hobbs
b. 1987
Fidenza #526
PNG, 2400 by 2000 pixels
Executed in 2021, this work is unique from a long form generative art series of 999 unique iterations.
Token ID: 78000526
Smart Contract: 0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270
Token Standard: ERC-721
Blockchain: Ethereum
Additional Conditions of Sale for Payment by Cryptocurrency: This Lot is eligible for payment in cryptocurrencies. Any payments for this Lot made in cryptocurrency will be subject to following terms (which terms shall supersede and override Condition 8(b) of the Conditions of Business for Buyers with respect to this Lot) in addition to the terms set forth in Condition 8(a) of the Conditions of Business for Buyers.
(i) We will accept payment in cryptocurrency only for this Lot, in cryptocurrencies that are supported by our cryptocurrency payment processor at the time of payment.
(ii) We will provide an invoice with a payment link for payment in cryptocurrency through our cryptocurrency payment processor. The amount due will be the cryptocurrency equivalent at the time payment is made of the amount invoiced.
(iii) Payments in cryptocurrency will not be accepted other than in accordance with these terms. If you make payment in cryptocurrency other than in accordance with these terms, including where we determine or reasonably believe, in our sole discretion, that any of your representations and warranties are inaccurate, incomplete or breached, we may, in our sole discretion, return those funds to you, hold you responsible for all third-party fees (including, without limitation, network fees, taxes, transfer fees, etc.), and require you to pay in the fiat currency of the sale. In addition, in the event we make any refund of Taxes to you and you paid such Taxes using cryptocurrency, you understand and agree that we may, at our sole discretion, refund you (1) the same amount(s) of the same cryptocurrency that you paid to us for such Taxes; (2) the amount(s) in fiat currency that we invoiced to you for such Taxes; or (3) the fiat currency equivalent at the time the refund is made of the amount(s) of cryptocurrency that you paid for such Taxes. In no circumstance will you be entitled to receive any appreciation on the value of the cryptocurrency that you provided to us as payment in connection with a refund.
(iv) Once you initiate a cryptocurrency transaction, the transaction cannot be reversed; this is inherent in the nature of cryptocurrencies and not a policy set by us. You are responsible for verifying that you have sent the correct amount to the correct digital wallet address.
(v) If you make payment in cryptocurrency from a digital wallet or account, you represent and warrant the following: (1) you own the digital wallet and the cryptocurrency used to make payment; (2) the digital wallet or account is not directly or indirectly hosted, operated, or otherwise controlled by anyone that is the subject of Sanctions or located, resident, or organized in a Sanctioned Jurisdiction; (3) the cryptocurrency or any other assets in the digital wallet or account used for the bid or purchase were not sourced from anyone that is the subject of Sanctions or located, resident, or organized in a Sanctioned Jurisdiction; and (4) your payment in cryptocurrency will not cause (or otherwise result in) us, Sellers, or anyone else to violate any Sanctions, anti-money laundering, anti-terrorism, anti-bribery or anti-corruption laws, or any other applicable laws. We may, in our sole discretion, refuse payment in cryptocurrency from any Buyer if we reasonably determine any of the Buyer’s representations or warranties are, or would be as a result of such payment, inaccurate, incomplete or breached.
(vi) We shall have no liability for any payment made by you in cryptocurrency that is not received by us for whatever reason.
(vii) You acknowledge the risks inherent to the use of cryptocurrency, including without limitation the risk of faulty or insufficient hardware, software, and internet connections; the risk of introduction or intrusion of malicious code or software; the risk of hacking or unauthorized access to your digital wallet or information stored therein, or of theft or diversion of funds therefrom; volatility and unstable or unfavorable exchange rates; and the risk of unfavorable regulatory intervention and/or tax treatment in relation to transaction in such currency. We will have no liability for any of the foregoing.
Minted by 0xe435088ab5ACF1ca15E7a0742195D7af78093B0C (toadzzz) - June 11, 2021 12:03 PM
Transfer from 0xe435088ab5ACF1ca15E7a0742195D7af78093B0C (toadzzz) to 0x05467eCEa464e1704c3Fd142ef9ba816BA7a7088 (0x05) - June 11, 2021 2:11 PM
Transfer from 0x05467eCEa464e1704c3Fd142ef9ba816BA7a7088 (0x05) to 0xFf4c60814adC5eE4CdF9a57e0944B1E4678FF09c - July 26, 2021 11:19 PM
Tyler Hobbs, based in Austin, is one of the leading figures in the contemporary generative art sphere. Released in June 2021, the Fidenza project quickly became one of the most highly regarded generative art projects to date. Following in the technical footsteps of artists like Roman Verostko and Vera Molnar, Hobbs creates visual frameworks algorithmically and explores variations within them. Each artwork is entirely unique, generated from a series of 999 outputs, with each piece bearing the artist's recognizable "flow field." This signature element conveys a vivid sense of movement within the composition, spanning a wide range of colors, from vibrant hues to black-and-white or monochrome. The scale also defines the level of detail in the output, further accentuating the sensation of movement within each work.
Hobbs relates his work to the system-based practices of artists like Sol LeWitt and Agnes Martin, who adopted similarly methodical approaches to mark-making. He also credits visual artist Casey Reas for developing the software he uses to create his work.
Fidenza #526 is one of the most appealing and complex compositions in the series of 999 outputs created by Tyler Hobbs and generated by his program. The rhythm created by the movement, combined with the variations in small and very thin blocks, gives the impression of fluids circulating toward a focal point. The tension and curves are characteristic of the project and are among the most sought-after elements, representing what Hobbs describes as the "flow field." Fidenza #526 is a rare work to come to market. There are seven different "scales" in which Fidenza operates, a characteristic that controls the size of the potential shapes. Most scales feature a probabilistic mix of small, medium, and large elements. However, the small scale is considered the rarest; only 14 out of 999 Fidenzas exhibit this trait.